Deepak Khaitan and his Magic Lamp. Please describe?
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- eAnswers...Apr 10, 2013
Deepak Khaitan, the managing director of Eveready Industries Ltd (EIL), launched the light emitting diode (LED) lanterns in India and it is called as the magic lamp due to its huge success in India. It was launched in April 2009 and in the very first month the company sold about 20,000 units. Till now Eveready has raised it's business to worth Rs 10,500 crore (around $2.2 billion) which is nearly 11 times his company's current turnover.
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